Wednesday, December 6, 2023

Costco’s new store in Mexico City is the largest in the country

Big-box retailer Costco has opened a new store on the west side of Mexico City with an investment of US $60 million and the creation of 280 new jobs. 

The store is located in La Mexicana park in Santa Fe, a business district in the borough of Álvaro Obregón, characterized by high-rise buildings and a large shopping mall.

The new store has a total area of ​​21,200 square meters, making it the largest Costco in Mexico, and includes a new section of La Mexicana park on its roof with a soccer field, two basketball courts and other recreational areas.

Transport links to the area are set to improve in 2023 with the opening of the Mexico City-Toluca intercity railroad.

Costco has 39 stores in Mexico and 815 worldwide, the lion’s share of which are in the United States and Canada. It also has stores in Puerto Rico, the U.K., Spain, France, China, South Korea, Taiwan, Iceland and Australia, and an online store in a handful of the countries.

The sites in Mexico are well distributed across the country, mainly in central and northern states. The chain has 5.7 million members in Mexico and more than 100 million globally.

With reports from Real Estate Market and

Have something to say? Paid Subscribers get all access to make & read comments.


Mexican students have fallen behind in test scores since 2018

The 2022 PISA assessment of 700,000 students in 81 countries found an overall decline in test scores since 2018, and ranked Mexico 51st on the list.

Julio Chavezmontes: The Mexican producer infiltrating international cinema

The producer of the “The Triangle of Sadness,” nominated for Best Picture at the Oscars 2023 tells us his story in the movie industry.
Salazar CDMX guns

US Ambassador Salazar acknowledges scale of illegal arms trafficking to Mexico

President López Obrador hailed Salazar's statement that 7 in 10 weapons used in violent crime in Mexico come from the U.S. as "extremely important."